Spectranetics (SPNC) Tops Q4 EPS by 9c, Offers Outlook

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Go back to Spectranetics (SPNC) Tops Q4 EPS by 9c, Offers Outlook

Needham & Company Reiterates Strong Buy Rating on Spectranetics (SPNC) Following Strong 4Q and Guidance

February 26, 2016 6:48 AM EST

Needham & Company maintained a Strong Buy rating on Spectranetics (NASDAQ: SPNC), and cut the price target to $21.00 (from $22.00), following the company's 4Q earnings report. Revenue was reported at $65.2M, compared to consensus' estimate of $64.2M. Non-GAAP EPS was ($0.19), coming in ahead of the Street's... More